Enabling an asset manager’s ExCo to implement strategy

Our client was an asset manager which had not taken the executive team offsite or spent any time together beyond the boardroom. Having reached a significant strategic decision point, the firm needed time and space to consider where it was going, why it was going there and the journey it would take to get there.

Our solution was to design a process to allow the team to discuss the issues that mattered while spending time together, away from the office, getting to better understand one another and their challenges. Initially there was scepticism towards this new process from individuals who had heard the stereotypes around offsites and team building. However, as we demonstrated this was about a strategic conversation within a facilitated environment, the sceptics quickly became advocates and were fully engaged.

The outcome was two-fold: a refreshed purpose, vision and strategy in light of a fast-changing macro environment, and a more connected team.